Finder makes money from featured partners, but editorial opinions are our own. Advertiser Disclosure
Serum (SRM) price, chart, coin profile and news
Find the latest Serum (SRM) price, coin profile, news and history to get you started with Serum trading and investing.
What is Serum?
Serum is a protocol and decentralized exchange (DEX) that has been built atop the Solana blockchain. It offers interoperability across several blockchains, including Bitcoin and Ethereum. It utilises an order-book to facilitate and account for all of its internal trades, unlike most DEXs which use automated market makers (AMMs). The result is a user experience more similar to a centralised exchange. From an operational standpoint, the platform is able to handle a high transaction throughput, allowing for 50-65k transactions per second (TPS). SRM is the native cryptocurrency of Serum. It functions as an SPL token on the Solana blockchain and an ERC-20 token on the Ethereum network. It is primarily used for staking within the Serum ecosystem as well as for fee-reduction purposes when facilitating trades across the platform.
Serum (SRM) is the 196th largest cryptocurrency in the world by market cap, valued at $403,182,562. The current price of Serum is $3.02, which is 1.557% higher than yesterday. Prices have ranged between $3.04 and $2.9 over the past 24 hours. All prices are listed in US dollars and accurate as of January 18, 2022 10:01 UTC.
Serum (SRM) priceUse our graph to track the performance of (SRM) over time.
Serum at a glance
|Total SRM supply||1,092,844,982|
|All time high||US$13.78|
|Notable team members||Sam Bankman-Fried|
|Token uses||Platform discounts|
Serum price performance over time
Disclaimer: Cryptocurrencies, including Serum, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of SRM is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Serum or any other cryptocurrency discussed.
Ask an Expert